Veidekke Sverige

What Veidekke Sverige does

Veidekke Sverige (legal entity: Veidekke Entreprenad AB) is a Swedish construction and civil engineering company operating as a wholly-owned subsidiary of Norway-listed Veidekke ASA. Founded in 1936 and headquartered in Sundbyberg, Sweden, the company delivers a comprehensive range of building and infrastructure services across Sweden through regional offices organized into building (Bygg) and civil engineering (Anläggning) divisions covering southern, eastern, western, northern, and south-central regions. Service lines include construction of residential, commercial, and public buildings; infrastructure including roads, railways, bridges, tunnels, and water/sewage systems; asphalt production and paving; aggregates (gravel, crushed stone); prefabricated concrete elements; foundation work; scaffolding and weather protection; and industrial installation services. The company is recognized as a leading tunnel and rock excavation contractor in Sweden, executing multi-billion-SEK underground infrastructure projects including sewage tunnels, railway tunnels, and treatment plant expansions.

The company operates as a B2B contractor acquiring work through competitive public procurement (Trafikverket, Stockholm Vatten och Avfall, Syvab, municipalities) and direct negotiation with private developers (FREY Group, Basecamp, Familjebostäder, Signalisten). Revenue is generated through three primary contract forms — totalentreprenad (design-build), utförandeentreprenad (general contract), and samverkansentreprenad (partnering) — typically with multi-year durations and project values ranging from ~125 MSEK (Bergfotens förskola) to ~1.8 billion SEK (Himmerfjärdsverket). Major visible backlog includes Himmerfjärdsverket (1.8B SEK), Sicklaanläggningen (1,440 MSEK), Lundbyleden (997 MSEK), and the 7 km Avloppstunnel Bromma-Henriksdal.

Veidekke differentiates through vertical integration (own aggregates, asphalt, and prefabricated concrete production), sustainability credentials (Svanen Generation 4 base license, BREEAM Excellent/Infrastructure, Miljöbyggnad Silver certifications — the company built Sweden's first Svanen-labeled multifamily building in 2011), and domain specialization in complex underground projects. Recent strategic activity includes a June 2026 LOI to acquire Ucklum Grus AB to strengthen Gothenburg-region aggregates supply, a Campus Haninge development partnership with Haninge Municipality, and Svanen Generation 4 license renewal. The Himmerfjärdsverket project won Byggindustrin's Årets bygge 2025 in the Infrastructure category.

Name

Veidekke Sverige

Legal name

Veidekke Entreprenad AB

Website

https://veidekke.se

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Veidekke Sverige is a Swedish construction and civil engineering subsidiary of Norway-listed Veidekke ASA, delivering building, infrastructure, tunnel, asphalt, and aggregates projects for government agencies, property developers, and industrial clients across Sweden.

Ownership category

akta.pro rank

Product category

Construction and Civil Engineering Services

NAICS

Commercial and Institutional Building Construction (236220), Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Other Heavy and Civil Engineering Construction (237990), Utility System Construction (2371), Site Preparation Contractors (23891), Other Foundation, Structure, and Building Exterior Contractors (238190), Structural Steel and Precast Concrete Contractors (238120)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Heavy Construction Other Than Bldg Const - Contractors (1600), Construction - Special Trade Contractors (1700)

akta.pro primary industry

O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds) (IMAFAHAM)

Keywords

• Construction services
• Civil engineering
• Infrastructure construction
• Asphalt production
• Building construction

Headquarters

HQ city

Lund

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Construction Services: Core revenue from building and civil engineering construction projects including residential, commercial, and infrastructure construction under both total and performance-based contracts.
2. Infrastructure Projects: Large-scale infrastructure projects including roads, railways, bridges, tunnels, and water treatment facilities, typically procured through public tendering.
3. Industrial Services: Industrial installation and construction services for private and public customers.
4. Aggregates and Asphalt: Production and delivery of gravel, crushed stone, and asphalt products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Veidekke Sverige is a B2B construction and civil engineering contractor that develops and builds building, infrastructure, asphalt, and aggregate projects across Sweden. Core offerings cover building construction (residential, commercial, public properties), infrastructure (roads, railways, bridges, tunnels, water and sewage systems), asphalt production and laying, aggregates and crushed stone supply, prefabricated concrete elements, foundation work, and industrial/installation services. Projects are delivered through total contracts (design-build), general contracts, and partnering contracts (samverkansentreprenad) with contract values ranging from hundreds of millions to billions of SEK.

Product overview

Veidekke Sverige is a leading Scandinavian construction and civil engineering company offering comprehensive building and infrastructure services. The company's portfolio spans core construction services (Bygg) covering residential, commercial, and public buildings; full infrastructure services (Infrastruktur) including roads, railways, bridges, tunnels, and water/sewage systems; and specialized services including asphalt, gravel/crushed stone, prefabricated concrete, foundation work, scaffolding, industrial services, and installation services. The company operates under three main contract forms: Totalentreprenad (design-build), Utförandeentreprenad (general contract), and Samverkansentreprenad (partnering). Notable projects include Malmö Designer Village (commercial), Lundbyleden (road infrastructure), Stockholm's sewage tunnel network (Bromma-Henriksdal, Mässtunneln, Östbergatunneln), Västlänken railway tunnels, and Himmerfjärdsverket treatment plant. The company also provides digital platforms including the Veidekkes leverantörsportal for supplier management and Safe Construction Training for site safety certification. Veidekke holds environmental certifications including BREEAM, Miljöbyggnad, Svanen Generation 4, and BREEAM Infrastructure (formerly CEEQUAL) for various projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Bygg (Building Construction) Building construction services covering residential, commercial, and public properties including new construction and renovation projects, delivered primarily through design-build, general, and partnering contracts.
• Infrastruktur (Infrastructure Construction) Infrastructure construction services including roads, railways, bridges, tunnels, and water/sewage systems for public and private clients across Sweden.
• Roads, Railways and Bridges Construction and reconstruction of motorways, railways, road tunnels, bridges, and traffic interchanges for transport authorities and municipalities.
• Tunnels and Rock Chambers Leading tunnel excavation services in Sweden handling road tunnels, railway tunnels, sewage tunnels, underground parking garages, and mining applications from concept to delivery.
• Asphalt Production and Paving Asphalt production and laying services for roads and other surfaces, supported by Veidekke's own asphalt operations.
• Gravel, Crushed Stone and Aggregates Production and supply of gravel, crushed stone, and related construction materials for infrastructure and building projects.
• Installation Services Electrical, mechanical, and specialized installation services for construction projects across building and infrastructure segments.
• Industrial Services Industrial construction and maintenance services for manufacturing, processing, and treatment facilities for private and public clients.
• Foundation and Groundwork Foundation construction services including piling, sheet piling, and ground improvement for building and infrastructure projects.
• Prefabricated Concrete Elements Production and installation of prefabricated concrete elements for efficient construction delivery.
• Water and Sewage Infrastructure Water and sewage infrastructure construction including water treatment, drinking water supply, and sewage tunnel management for utilities and municipalities.
• Scaffolding and Weather Protection Scaffolding systems and weather protection solutions for construction sites, supporting building and infrastructure projects.

Quantifiable outcome

• First Svanen-labeled multi-family residential building in 2011
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered major, minor and core.

• Tornberget Fastighetsförvaltnings ABmajorStrategic or Co-development Partner · 1 January 2026Veidekke has signed an agreement with Tornberget Fastighetsförvaltnings AB to develop Campus Haninge in collaboration with Haninge Municipality. The project will create a joint hub for upper secondary and adult education in southern Stockholm.
• Ucklum Grus ABminorStrategic or Co-development Partner · 1 January 2026Veidekke has signed a letter of intent to acquire Ucklum Grus AB's rock material operations near Uddevalla. The acquisition would strengthen Veidekke's position in the Gothenburg region within civil engineering projects, asphalt, and rock material operations.
• FREY GroupcoreStrategic or Co-development Partner · 1 January 2025Veidekke is constructing Malmö Designer Village, Scandinavia's largest outlet center in Löddeköpinge for French FREY Group. The project involves 26,000 sqm of commercial space with 130 stores, valued at approximately 530 MSEK, targeting BREEAM Excellent certification. This is a total contract.
• TrafikverketcoreStrategic or Co-development Partner · 1 January 2025Multiple infrastructure projects including Lundbyleden road reconstruction (997 MSEK), Västlänken Otterhällan tunnel (430 MSEK), Brodalsmotet in Borås, and E20 Mariestad road projects. Trafikverket is the Swedish Transport Administration, a major government client.
• SignalistenmajorStrategic or Co-development Partner · 1 January 2025Veidekke is building Kvarteret Bollen in Råsunda for Signalisten, Solna's municipal housing company. Project includes 244 rental apartments and commercial spaces, including 6 LSS apartments, with a healthcare clinic. Total contract value 609.5 MSEK.
• Tyresö KommunmajorStrategic or Co-development Partner · 1 January 2024Veidekke is building Bergfotens förskola in Bollmora, Tyresö - a new preschool for 160 children as part of the municipality's concept preschool program. Contract value 125 MSEK, completion planned for January 2027.
• Stockholm Vatten och AvfallcoreStrategic or Co-development Partner · 1 January 2022Veidekke is executing multiple projects for Stockholm Vatten och Avfall including Sicklaanläggningen expansion (1,440 MSEK), Nya Östbergatunneln (600 MSEK), Mässtunneln (898 MSEK), and Avloppstunnel Bromma-Henriksdal (7 km tunnel). These are major environmental infrastructure projects for Stockholm's water and sewage system.
• Trafikverket (Ekodukt Hallandsåsen)majorStrategic or Co-development Partner · 1 January 2020Construction of Ekodukt E6 Hallandsåsen - a 32-meter wide wildlife overpass connecting animal habitats separated by the highway for nearly 50 years. Project delivered as ABT06 total contract in samverkan. Value 48 MSEK.
• SyvabcoreStrategic or Co-development Partner · 1 January 2019Veidekke is executing the NKH (Nya Krav Himmerfjärdsverket) project - a major reconstruction and expansion of Himmerfjärdsverket wastewater treatment plant in Grödinge. Total value 1.8 billion SEK, targeting 50% emission reduction. Project completed in close collaboration as a total contract in samverkan.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• AFRY: AFRY (formerly ÅF) is a major Swedish-headquartered engineering and consulting firm with strong infrastructure, water, and industrial design practices. AFRY overlaps with Veidekke on design-build and engineering-intensive infrastructure tenders.
• Sweco: Sweco is a leading European engineering, design, and consulting firm with deep Swedish operations. Sweco competes with Veidekke Anläggning for engineering-led civil infrastructure design and partnering engagements, particularly in water/sewage and transport.

Direct peers

• Skanska: Skanska is a Sweden-headquartered global construction and civil engineering firm with leading Swedish road, bridge, and tunnel operations. It is the closest direct competitor to Veidekke Sverige on large infrastructure tenders and shares overlapping public and private sector customers.
• NCC: NCC is one of Sweden's largest construction and property development companies with major infrastructure, building, and asphalt operations. It competes directly with Veidekke Sverige on tunnel, road, and building tenders for Trafikverket and major Swedish municipalities.
• Peab: Peab is a major Swedish construction and civil engineering company with strong presence in building, infrastructure, and asphalt/aggregates. Peab competes directly with Veidekke Sverige across residential, commercial, and infrastructure segments in Sweden, with similar vertical integration into materials.
• Bonava: Bonava is a Swedish-listed residential developer and contractor producing multi-family and single-family homes. Bonava is a direct peer to Veidekke Bygg in Swedish residential construction, particularly on BREEAM- and Miljöbyggnad-certified developments.
• JM: JM is one of Sweden's largest residential property developers and contractors, focused primarily on new housing production. JM competes with Veidekke Bygg on Swedish residential tenders and shares customer overlap with municipal housing companies.

Regional players

• Implenia: Implenia is a leading Swiss construction and civil engineering services provider with strong tunneling and infrastructure capabilities. It is comparable in service mix to Veidekke (tunneling, infrastructure, building) but operates primarily in Switzerland, Germany, Austria, and the Nordic region rather than competing head-to-head in Sweden.
• YIT: YIT is a major Finnish construction and real estate developer with Nordic regional operations. It is comparable to Veidekke Sverige in residential and commercial building, infrastructure, and partnership contracting models, though its primary geography is Finland and the Baltics.

Broad incumbents

• Hochtief: Hochtief is a large German-based global construction services group with significant tunneling and infrastructure capabilities. As a broad incumbent with overlapping civil engineering capabilities, it is comparable in scale and technical depth to Veidekke's infrastructure segment, though it operates globally rather than within a single domestic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/VeidekkeASA
• Facebookfacebook.com/veidekke.se
• LinkedInlinkedin.com/company/veidekke-sverige
• Instagraminstagram.com/veidekke_se

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veidekke Sverige